SPI200 Chat - What will happen next?? *suspense music*

[skyQuake]

I emailed them last night sails about 5sec delays with FTSE pricing - they say they have a known problem with their feed into MT4 & hope to have a solution soon

Whoa whoa whoa are those prices tradable though : D ?

What will the market do Monday?

If you don't enter the market you can't ever make money.

Oh Oh Oh pick me pick me!

We'll gap up, fade at least half of it, rally and stall thru lunch, then fade arvo till Nikkei opens and fade post cash close!

Now whats the prize : D ?

 

[beamstas]

Oh Oh Oh pick me pick me!

We'll gap up, fade at least half of it, rally and stall thru lunch, then fade arvo till Nikkei opens and fade post cash close!

Now whats the prize : D ?

Well... nothing yet

 

[MRC & Co]

We'll gap up, fade at least half of it, rally and stall thru lunch, then fade arvo till Nikkei opens and fade post cash close!

Now whats the prize : D ?

ha ha ha, how did you know we will gap up?

 

[skc]

Frankly the reason I've been so bullish is cuz avg joe hasn't. As soon as they are happy, I'm fliipin.

That is what I have in mind as well. Anyone know of a good avg joe indicator (apart from this forum)?

 

[Trembling Hand]

That is what I have in mind as well. Anyone know of a good avg joe indicator (apart from this forum)?

Yep got a ripper for you.

When no one gives a **** about the SPI or daytrading. When all the posts are going into the stock threads rather than here.

 

[skc]

Yep got a ripper for you.

When no one gives a **** about the SPI or daytrading. When all the posts are going into the stock threads rather than here.

Yes, and particularly when stock threads become fan clubs.

The other indicator is when CMC, IG and those guys stop advertising and running special promotions. When avg joe proactively open accounts with them.

 

[Trembling Hand]

Ivans definitely got a friend at 3952.

Mr C was that your 350 lot sell?

 

[ivant]

Ivans definitely got a friend at 3952.

Mr C was that your 350 lot sell?

Haha or I am just a billionaire and hiding it

 

[Average Joe]

When avg joe proactively open accounts with them.

Should I open an account with IG, then?

 

[MRC & Co]

Ivans definitely got a friend at 3952.

Mr C was that your 350 lot sell?

ha ha ha, there was another one there on Thursday, where the 150 lot was today (and that other 350 was there also), so you could get some big size infront with relative safety! Very nice! Was hoping we would get back up there today for more cash giveaways!

There is a HUGE seller up there (perhaps he loaded the auction with sells to bring us below the level at open?), so it's really the area we need to either gap over, or blast through to run higher. If I was Ivan, either would see me closing out my longs, personally. Just an idea.

 

[Trembling Hand]

ha ha ha, there was another one there on Thursday, where the 150 lot was today (and that other 350 was there also), so you could get some big size infront with relative safety! Very nice! Was hoping we would get back up there today for more cash giveaways!

There is a HUGE seller up there (perhaps he loaded the auction with sells to bring us below the level at open?), so it's really the area we need to either gap over, or blast through to run higher. If I was Ivan, either would see me closing out my longs, personally. Just an idea.

Remember down at 3200 the first time we approached it there was some similar action. But this time in reverse.

Wouldn't be surprised to see a similar outcome. That is a false break sometime just to get all the punters in long then we roll over.

 

[MRC & Co]

Remember down at 3200 the first time we approached it there was some similar action. But this time in reverse.

Wouldn't be surprised to see a similar outcome. That is a false break sometime just to get all the punters in long then we roll over.

Yeh, think that was 3300 on the day when BNB went down (if I remember correctly).

But you never know, could well be right, would also make a bounce off 4000 likely!

Times look like they could get bright again for a while, for us intraday bunch!

 

[ivant]

ha ha ha, there was another one there on Thursday, where the 150 lot was today (and that other 350 was there also), so you could get some big size infront with relative safety! Very nice! Was hoping we would get back up there today for more cash giveaways!

There is a HUGE seller up there (perhaps he loaded the auction with sells to bring us below the level at open?), so it's really the area we need to either gap over, or blast through to run higher. If I was Ivan, either would see me closing out my longs, personally. Just an idea.

Do you mean shorts? This is some extreme movement tonight. HSI is under 17000 after closing around 18000. What is with the activity? Everything is lower and there really seems to be a lot of selling going on. FTSE is pushing lower too.

 

[nunthewiser]

is all i got to say

 

[ivant]

is all i got to say

Your BHP short is happy at the moment. We sold off my parents' entire SMSF today, with the exclusion of fosters, because it seems to have a negative correlation against the market. This move doesn't seem to be a joke. I haven't seen such an active market in a while. Scalpers are having a ball. I am very interested to see some confirmation from the US tonight!

 

[ivant]

Oh and this is what I was talking about stocks being above 50 day MA.

One is the Weekly View and the other is a daily view. You make the call as to how overbought we are.

 

[nunthewiser]

Your BHP short is happy at the moment. We sold off my parents' entire SMSF today, with the exclusion of fosters, because it seems to have a negative correlation against the market. This move doesn't seem to be a joke. I haven't seen such an active market in a while. Scalpers are having a ball. I am very interested to see some confirmation from the US tonight!

will be coming soon in my not so great as others opinion .....

hope ya didnt follow anyones advice in locking in them losses at the top of this rally and followed ya own nose

hey i could be wrong but trhis brewing up like one of those perfect storm moments and we going to get some teary eyed traders shortly

 

[ivant]

will be coming soon in my not so great as others opinion .....

hope ya didnt follow anyones advice in locking in them losses at the top of this rally and followed ya own nose

hey i could be wrong but trhis brewing up like one of those perfect storm moments and we going to get some teary eyed traders shortly

Let's hope so. I still have not cut my shorts, although I came into today thinking I will do that. The movement in the morning to me was very convincing. AUD/USD was unusually active at 6am and as soon as the US and UK futures opened, they went nuts. Very active for that time in the morning. So I was sitting waiting, and from 10 to 5 Melbourne time, things got even more active. Guppy comes out on CNBC and says HSI will hit 20k in no time, people go crazy and short everything they can. HSI hits 17k from 18k when they closed. Although I seem to be doing the opposite to anything he says, which begs the question, why ever do I even bother listening to him. Anyhow, very interesting to see what will happen tonight in the US, but so far, this is a very surprising start. I have reduced my losses at the moment by 60k today so far. Not that I expect a SL move down...

 

[Rick_Hunter]

markets definitely really weird again today

US rallied 2.4% to close on Friday, you'd expect at least a flat - moderately good day, instead we have this pretty big selloff, perhaps world/asia is leading other the US market again?

My take is either the US plummets a good 2-3% (currently futures showing otherwise), or world markets will rally back up if US holds things steady, very interested to see what the US markets do tonight

 

[Bobby]

Let's hope so. I still have not cut my shorts, the US, but so far, this is a very surprising start. I have reduced my losses at the moment by 60k today so far. Not that I expect a SL move down...

Ivan I have grabbed some longs close to tonights bottom , almost hope I'm wrong for your sake